What goes up must come down (and, imo, similar fashion) BTCUSD

I'm long term bullish but think we see a max pain type scenario where people get their stops run under that important 5.8 level (which was the actual support level even though the 6k psych was so important)

I think we'll see some pitstops along the way, and maybe we only retrace 50% but I like where that .618 settles on that consolidation ledge.

Kommentera:

Maybe something like this. I believe in the halvening meme so this would play into that.